Jean-Rene Griton
Aurignac Finance
Airmob
Deal Type
Company sale
Sector
Technology
Completion Date
21st June 2022
Deal Value
Not disclosed
Company Background
Since its creation 6 years ago, Airmob has become the undisputed leader in France for 4G/5G connections for stationary applications. The company has become a key player in the usage of large amounts of data (gigabytes and terabytes) and in the connection of remote sites requiring seamless non wireless internet access for critical applications.
Airmob's data centric and highly innovative positioning (multi operator access, SIM card security via fixed IP, unparalleled customer service responsiveness) has enabled it to build a loyal portfolio of high quality private and public sector customers and to record average annual growth of 60% over the last three years. Airmob Groupe has recently accelerated its strategic development by becoming a full multi operator MVNO with its own core network and by offering a value proposition that is currently unique in the market.
Deal Summary
Aurignac Finance has been active in the telecoms sector for several years and has provided long term support to Airmob's shareholders in the context of the group's development. Aurignac's in depth knowledge of Airmob's strengths and our understanding of the strategic challenges of its market enabled the client to complete a transaction intended to create value for both parties within a very short period of time
Latest Mergers Alliance News
Khronos Advisory (Thailand) has advised Electricity Generating Public Company Limited (EGCO) on USD95 million capital increase in PT Chandra Daya Investasi
Dresner Partners (USA) advised Connoisseurs Products on its sale to Willert Home Products
Ethica Group (Italy) advised Vicenza Mode, high-end knitwear manufacturer, in the sale of a majority stake to Sienna PE
